Land prices / Hyogo / Kobe-Suma

2022–2024 published land transactions

Otacho land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Otacho, Kobe-Suma. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2022–2024)
JPY 252,588 / m²JPY 252.588K / m²
Median sample 6Five-year sample 7
Estimated price for 100 m²
JPY 25.26M
Simple estimate using the displayed median
Estimated land + building budget
JPY 62.53M
100 m² building using the 2025 benchmark

Otacho location

Otacho location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2022–2024)

Middle 50% price range
JPY 214,019 / m² – JPY 316,113 / m²JPY 214.019K / m² – JPY 316.113K / m²
Average transaction price
JPY 267,208 / m²JPY 267.208K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 12.63MJPY 10.7M JPY 15.81M
100.0 m²30.3 tsuboJPY 25.26MJPY 21.4M JPY 31.61M
150.0 m²45.4 tsuboJPY 37.89MJPY 32.1M JPY 47.42M
200.0 m²60.5 tsuboJPY 50.52MJPY 42.8M JPY 63.22M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

Transaction medianOfficial land price
21222324
Year2021202220232024
Public transactions1
Indicative
3
Indicative
2
Indicative
1
Indicative
Official observations1111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10220.0 m²JPY 82MJPY 363,000 / m²JPY 363K / m²9.2 mNeighborhood commercial zone
2023-0195.0 m²JPY 25MJPY 266,200 / m²JPY 266.2K / m²5.5 mNeighborhood commercial zone
2023-0130.0 m²JPY 6MJPY 196,625 / m²JPY 196.625K / m²3.8 mNeighborhood commercial zone
2022-10460.0 m²JPY 150MJPY 332,750 / m²JPY 332.75K / m²20 mCategory I residential zone
2022-0770.0 m²JPY 17MJPY 238,975 / m²JPY 238.975K / m²6 mNeighborhood commercial zone
2022-0160.0 m²JPY 12MJPY 205,700 / m²JPY 205.7K / m²5.8 mCategory II mid/high-rise residential zone

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Otacho land-price summary

The median published transaction price in Otacho for 2022–2024 is JPY 252,588 / m²JPY 252.588K / m². A 100 m² plot would therefore be about JPY 25.26M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗